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Data analytics in project management PDF

235 Pages·2019·5.59 MB·English
by  Spalek
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Data Analytics in Project Management Data Analytics Applications Series Editor: Jay Liebowitz Sport Business Analytics: Using Data to Increase Revenue and Improve Operational Efficiency C. Keith Harrison, Scott Bukstein Actionable Intelligence in Healthcare Jay Liebowitz, Amanda Dawson Data Analytics Applications in Latin America and Emerging Economies Eduardo Rodriguez Big Data and Analytics Applications in Government: Current Practices and Future Opportunities Gregory Richards Big Data Analytics in Cybersecurity Onur Savas, Julia Deng Data Analytics Applications in Education Jan Vanthienen, Kristof De Witte Intuition, Trust, and Analytics Jay Liebowitz, Joanna Paliszkiewicz, Jerzy Gołuchowski Research Analytics: Boosting University Productivity and Competitiveness through Scientometrics Francisco J. Cantu-Ortiz Big Data in the Arts and Humanities: Theory and Practice Giovanni Schiuma, Daniela Carlucci Analytics and Knowledge Management Suliman Hawamdeh, Hsia-Ching Chang Data Analytics in Project Management Seweryn Spalek For more information about this series, please visit: https://www.crcpress. com/Data-Analytics-Applications/book-series/CRCDATANAAPP Data Analytics in Project Management Edited by Seweryn Spalek CRC Press Taylor & Francis Group 6000 Broken Sound Parkway NW, Suite 300 Boca Raton, FL 33487-2742 © 2019 by Taylor & Francis Group, LLC CRC Press is an imprint of Taylor & Francis Group, an Informa business No claim to original U.S. Government works Printed on acid-free paper International Standard Book Number-13: 978-1-138-30728-5 (Hardback) This book contains information obtained from authentic and highly regarded sources. Reasonable efforts have been made to publish reliable data and information, but the author and publisher cannot assume responsibility for the validity of all materials or the consequences of their use. The authors and publishers have attempted to trace the copyright holders of all material reproduced in this publication and apologize to copyright holders if permission to publish in this form has not been obtained. If any copyright material has not been acknowledged please write and let us know so we may rectify in any future reprint. Except as permitted under U.S. Copyright Law, no part of this book may be reprinted, reproduced, transmitted, or utilized in any form by any electronic, mechanical, or other means, now known or hereafter invented, including photocopying, microfilming, and recording, or in any information storage or retrieval system, without written permission from the publishers. For permission to photocopy or use material electronically from this work, please access www. copyright.com (http://www.copyright.com/) or contact the Copyright Clearance Center, Inc. (CCC), 222 Rosewood Drive, Danvers, MA 01923, 978-750-8400. CCC is a not-for-profit organization that provides licenses and registration for a variety of users. For organizations that have been granted a photocopy license by the CCC, a separate system of payment has been arranged. Trademark Notice: Product or corporate names may be trademarks or registered trademarks, and are used only for identification and explanation without intent to infringe. Library of Congress Cataloging‑in‑Publication Data Names: Spalek, Seweryn, editor. Title: Data analytics in project management / edited by Seweryn Spalek. Description: Boca Raton, FL : CRC Press, [2019] | Includes bibliographical references and index. Identifiers: LCCN 2018029001 | ISBN 9781138307285 (alk. paper) | ISBN 9780429434891 (alk. paper) Subjects: LCSH: Project management—Data processing. | Project management—Statistical methods. Classification: LCC HD69.P75 D374 2019 | DDC 658.4/040285—dc23 LC record available at https://lccn.loc.gov/2018029001 Visit the Taylor & Francis Web site at http://www.taylorandfrancis.com and the CRC Press Web site at http://www.crcpress.com Contents About the Editor ...................................................................................vii Contributors ...........................................................................................ix Chapter 1 Introduction .......................................................................1 Seweryn Spalek Chapter 2 Why Data Analytics in Project Management? .................7 J. Davidson Frame and Yanping Chen Chapter 3 Data Analytics Risk: Lost in Translation? ......................23 Carl Pritchard Chapter 4 Analytical Challenges of a Modern PMO.......................43 Seweryn Spalek Chapter 5 Data Analytics and Project Portfolio Management .......63 Alfonso Bucero Chapter 6 Earned Value Method ......................................................91 Werner Meyer Chapter 7 How to Manage Big Data Issues in a Project Environment ...................................................................115 Ryan Legard Chapter 8 IT Solutions of Data Analytics as Applied to Project Management ......................................................133 Michael Bragen v vi • Contents Chapter 9 Conventional and Unconventional Data Mining for Better Decision-Making ...........................................151 Klas Skogmar Chapter 10 Agile Project Management and Data Analytics ...........171 Deanne Larson Chapter 11 Data Analytics and Scrum .............................................193 Bert Brijs Index ....................................................................................................213 About the Editor Seweryn Spalek, PhD, MSc, ICT-Eng., is a Professor of Business and Management at Silesian University of Technology, Poland. He possesses extensive knowledge and expertise in project management, both in theory and practice. Since 1994, he has managed several IT projects in industrial companies and healthcare organizations in multicultural and multina- tional environments and has managed an organizational change project— redesigning the functional organization to project-oriented organization with PMO; has established and has been running portfolio management of over 500 projects per year within organization. Spalek is the author and co-author of several publications in project management and is the author of The Art of War in Project Management. He has participated as a speaker in several global conferences related to project management and company management. Spalek is a lecturer of MBA and post graduate studies and company management focusing on applied project manage- ment. He has carried out research related to key success factors in project management and project management maturity. Spalek is a member of AOM (Academy of Management), PMI (Project Management Institute), and IPMA (International Project Management Association), and the Director-at-Large at SEFI (La Société Européenne pour la Formation des Ingénieurs/The European Society for Engineering Education). vii Contributors Michael Bragen is an expert in the governance and management of people, processes, and technologies that support, leverage, and enhance innovation. His work focuses on the use of data and analytics supporting project and portfolio management, estimation, and process improvement. As a strategic advisor to large organizations around the world, Bragen has conducted hundreds of performance assessments and established analyt- ics practices for clients. Bragen is the director of global marketing and partner development at Computer Aid, Inc. (http://www.compaid.com), an IT services firm headquartered in Allentown, Pennsylvania. Bert Brijs is a practitioner in business analysis, project management, and architectures in analytics and customer relationship management. He bundled his 30+ years of European, Asian, and American experience in the book Business Analysis for Business Intelligence, which combines practical tips and tricks with academic insights. A fluent speaker of six languages, Brijs bridges gaps between different cultures, an extension of his work as an analyst where he bridges the gap between business and IT. Alfonso Bucero, MSc, PMP, PMI-RMP, PfMP, PMI Fellow, and Certified Public Speaker, is an independent project management consultant, author, and speaker. He is founder, partner, and director of BUCERO PM Consulting in Spain. Bucero has an M.S. in computer science engineering. He is the author of nine project management books and manages projects internationally. He delivers workshops, keynote speeches, and consults organizations on project program and portfolio management. His motto is passion, persistence, and patience and for him every day is a good day. (“Today is a good day” is his preferred sentence.) Yanping Chen, PhD, MD, PMP, PMI Fellow, has been running major education and training programs in China and the United States since the mid-1980s. Prior to coming to the United States in 1987, she was the planning director for China’s manned space flight program, where 200 projects were being carried out concurrently. She has taught at the ix

Description:
This book aims to help the reader better understand the importance of data analysis in project management. Moreover, it provides guidance by showing tools, methods, techniques and lessons learned on how to better utilize the data gathered from the projects. First and foremost, insight into the bridg
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